India Guar Gum Market TOC
India Guar Gum Market size is expected to reach USD 118.72 Million by the end of 2033, by growing at a CAGR of 7.72% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of India guar gum was USD 53.27 Million. The growth of the market can be attributed to growing demand for convenience food owing to the growing working population in India. Additionally, rising population, rising disposable incomes, rural-urban migration, and increased rural per capita productivity have resulted in significant shifts in food consumption preferences and production patterns in India. Further, drive-through restaurants, takeout food, microwave dinners, grocery delivery to the home, and internet shopping are all growing in popularity, which has an impact on the sale of convenience foods. About 80% of customers who use delivery apps to purchase food claim to do so out of convenience. Another, approximately 13% claimed it was owing to the discounts these applications offered, while about 4% cited a better selection. Hence the demand for convenience food is estimated to increase further, boosting the growth of the market.
Additionally, the uses of guar gum are also growing in oil and gas industry. Guar gum's application in hydraulic fracturing, the process of using high pressure to fracture rock, to stimulate oil and gas wells, has given it significant commercial importance presently. Sand could be carried into fractured rock by the fracturing fluid becoming thicker owing to guar gum. Sand is present in this fracture, keeping it open and providing a pathway for gas or oil to flow to the well bore. The guar derivatives hydroxypropyl guar (HPG) and carboxymethyl hydroxypropyl guar (CMG) are used in fracturing fluids (CMHPG). Further, guar gum thickens dye solutions used in textile and carpet printing, making it possible to create prints with sharper details. Moreover, the growing demand for dairy products is also estimated to drive the growth of the market. Owing to its ability to bind water, guar gum plays a significant role in stabilizing ice cream. Since HTST methods need hydrocolloids that could fully hydrate in a short processing time, its application in these processes is particularly advantageous.
Growth Drivers
Growing Prevalence of Obesity Among People - India has a 40.3% obesity prevalence rate. South had the most zonal variance at 46.51%, and east had the lowest variation at 32.96%. Obesity rates were greater in urban than rural areas (44.17% vs. 36.08%), among women than men (41.88% vs. 38.67%), and among people over 40 than those under 40 (45.81% vs. 34.58%). Hence the demand for guar gum is estimated to increase. Guar gum may help with appetite suppression and weight loss, according to certain research. Fiber typically passes through the body undigested and may work to increase feelings of fullness while decreasing appetite. Further, people have become more health conscious and hence the preference is growing among them. Also, guar gum has no toxic chemical composition which is why they are more in demand among health-conscious people.
Rising Production of Paper and Pulp - The output of paper in India has increased significantly throughout the years, rising from about 19 million tonnes in 2017–2018 to approximately 24 million tonnes in 2019–2020.
Surge in Export of Processed Food from India - The Directorate General of Commercial Intelligence and Statistics (DGCI&S) recently released preliminary data showing that the total export of agricultural and processed food products doubled to USD 9598 million in April–July 2022 from USD 7397 million during the same period of the previous fiscal. In the first four months of the current Financial Year 2022-23 (April-July), as compared to the same period of FY 2021-22, exports of agricultural and processed food products increased by 30%.
Increase in Adoption of Dairy Products - In India, more than 200 million metric tonnes of milk were consumed domestically as of 2022. When compared to the prior year, when the consumption amount was approximately 198 million metric tonnes, this represented an increase.
Upsurge in Production of Gaur Gum - Across the world, India produces 80% of the guar, with Rajasthan providing 72% of the total.
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2033 |
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CAGR for Revenue |
7.72% |
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Base Year Market Size in Revenue (2022) |
USD 53.27 Million |
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Forecast Year Market Size in Revenue (2033) |
USD 118.72 Million |
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Regional Scope |
India |
Form (Solution/Liquid Gaur Gum, Gaur Gum Powder)
The India guar gum market is segmented and analyzed for demand and supply by form into solution/liquid guar gum and guar gum powder. Out of which, the solution/liquid guar gum segment is anticipated to grow at a highest CAGR of 8.03% over the forecast period. The growth of the segment can be attributed to growing preference of people for health centric beverage products owing to rise in health-conscious people. Consumers who are concerned about their health are predicted to increase from about 107 million in 2020 to approximately 175 million in 2026. Substantial increase would be seen across categories including healthy snacking, with alternatives such as biscuits, fruit snacks, snack bars, and trail mixes leading expansion, following by nutritious dairy products. Additionally, guar gum's resistance to breakdown under the low pH conditions found in beverages is a key characteristic. Guar gum is simple to utilize in beverage processing facilities since it is soluble in cold water. It extends the beverage's shelf life.
Grade (Food Grade, Industrial Grade, Pharmaceutical Grade)
The India guar gum market is also segmented and analyzed for demand and supply by grade into food grade, industrial grade and pharmaceutical grade. Amongst which, the food grade is anticipated to garner the highest revenue of USD 56.04 Million by the end of 2033, up from a revenue of USD 24.66 Million in the year 2022. Further, the segment is estimated to grow at a CAGR of 7.91% over the forecast period, backed by increasing demand for low-cost natural food additives as food manufacturers seek a less expensive and healthier alternative to chemically laden additives. Hence, food grade guar gum powder, an organic powder with a variety of particle sizes and viscosities, is used in the food industry as a thickener, emulsifier, and stabilizer for numerous food items. Noodles, sauces and dressings, pet food, soups, pastry ices, meat, drinks, processed cheese, dairy/ice cream products, and bakery items are just a few of the products that contain food grade guar gum for emulsification, thickening, gelling, and stabilization
Our in-depth analysis of the global market includes the following segments:
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By Grade |
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By Form |
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By Function |
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By End-Use |
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Rama Gum Industries Limited, is manufacturing Ricol Guar Gum, a mosquito coils made with at least two different components, such as reinforcement, filler, binder, etc. While working together and showing an interface, these components do not combine or disappear into one another. Sawdust and coconut shell powder are the major fillers in mosquito coils, which are extruded with binders to create sheets from which coils are punched out.
The world's largest science-based Ayurveda company, Dabur India Limited, recently announced the launch of two ground-breaking products: Premium Sugar-Free Health Restorative Ratnaprash Sugar-Free & Ayurvedic Digestive Tonic Aampachak kadha, at the 9th World Ayurveda Congress & International AROGYA EXPO Goa.
Author Credits: Anil Kumar, Ipsheeta Dash
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